The Reserve Bank of India conducts examinations for recruitment to various posts in the RBI. The RBI was established in 1935 and nationalised in 1949. It is the apex bank in the country responsible for maintaining the Consolidated Fund of India and formulating banking policies.
A job in the apex bank is considered highly prestigious and hence the competition is really high and equivalent to other Government exams. In this article, we have provided some information about the different RBI exams scheduled to be conducted in 2020.
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RBI Grade B Exam
The RBI Grade B exam is conducted every year to recruit officers into the Reserve Bank.
The official RBI Grade B Exam Notification 2020 is yet to be released on the official website.
Successful candidates are inducted into the bank as officers in the following departments:
- Direct Recruitment(DR) General Cadre
- Department of Economic Policy and Research(DEPR)
- Department of Statistics and Information Management(DISM)
RBI Grade B Eligibility
The RBI has the following basic criteria for candidates desirous of applying for Grade B Posts:
- Age Limits: Between 21 to 30 years for Graduates. Upper age limits are 32 years for M.Phil and 34 years for PhD holders.
- Educational Qualifications: Candidates have to attain at least an undergraduate degree to be able to appear for the RBI Grade B exam. Educational requirements and RBI cut off for marks in the highest educational qualification vary according to the department applied for.
- Nationality: Only Indian Nationals and subjects of Nepal and Bhutan are eligible to appear in the RBI exam. Refugees and migrants from certain countries are also allowed if they can produce a certificate of eligibility from the Government of India.
- Number of Attempts: Unreserved category candidates can appear in the exam up to 6 times.
For detailed information regarding the RBI Grade B eligibility criteria, candidates can visit the linked article.
RBI admit cards are issued only to candidates who fulfil all the above criteria and are able to produce documentary proof when requested.
RBI Grade B Exam Pattern
The RBI Grade B exam consists of two written exams and an interview as described in the following table:
|Phase I Examination||General Awareness|
|Phase II Examination||Economic and Social Issues|
|Finance and Management/Economics/Statistics|
|Phase III Interview||General Awareness and Interpersonal Skills|
Currently, the RBI Grade B Officer recruitment for the year 2019 is ongoing, Candidates must keep themselves updated with the latest information regarding the RBI 2020 notification.
RBI Grade B Notification And RBI Exam Date
The RBI Grade B notification 2019 was released on September 20, 2019, on the official website of Reserve Bank of India. The following is the updated exam calendar for 2019:
|Event||RBI Grade B Exam Date|
|RBI Exam Notification||September 20, 2019|
|Phase I Examination||November 9, 2019|
|Phase II Examination||December 1, 2019
December 2, 2019
|Phase III Interview||August 5, 2020 – August 25, 2020|
|Declaration of RBI Result||To be notified|
RBI Grade B Syllabus
The syllabus of the RBI exam is roughly equivalent to the level of a graduate in Economics. The following major topics are covered by the exam:
- English Writing Skills
- Economic and Social Issues
- General Awareness
- Current Affairs
- Micro and Macro Economics
- Indian Economy and Related Topics
It is important that a candidate must have complete knowledge of the RBI Grade B syllabus to prepare and perform well in the examination.
RBI Grade C Exam
The RBI Grade C exam is conducted periodically to recruit specialists for running day to day operations at the bank. The eligibility criteria, syllabus and educational qualifications vary based on the specialisation required by the bank. The Grade C exam notification usually gets published in December every year. The exam pattern is based on the shortlisting of applications based on the following criteria:
- Experience in the area of specialisation applied for
- Education Achievement
- Record of Service
- Special Achievement and Awards if any
The shortlisted candidates are called for an interview. Based on the scores secured in the interview, candidates are awarded contracts by the RBI to work for them.
RBI Assistant Exam
The RBI Assistant exam is conducted to recruit candidates into the clerical and assistant cadre handling day to day operations of the bank. The RBI Assistant 2020 notification has been released and candidates willing to appear for the RBI exams can fill in the application form. The following are a few details about the exam:
RBI Assistant Eligibility
RBI Assistant eligibility is a set of requirements that are stated by the conducting body for a candidate to apply for the exam. The RBI asks candidates to fulfil the following criteria for applying for RBI Assistant post:
- Age Limits: Between 21 to 28
- Educational Qualifications: Candidates have to attain at least an undergraduate degree to be able to appear for the exam.
- Nationality: Only Indian Nationals and subjects of Nepal and Bhutan are eligible to appear in the RBI exam. Refugees and migrants from a few countries are also allowed if they can produce a certificate of eligibility from the Government of India.
RBI Assistant admit card is issued only for those candidates who satisfy the above eligibility criteria.
To know more about bank exams, check out:
|Bank Exam Preparation||RBI Admit Card||RBI Grade B Exam Dates|
|RBI Grade B Result||RBI Assistant Result||RBI Grade B Salary|
|RBI Assistant Salary||RBI Grade B Admit Card||Bank Exam Syllabus|
RBI Assistant Exam Pattern And Syllabus
The RBI Assistant Exam consists of two stages, the Phase I and Phase II exams. The following is the basic pattern and syllabus of the exams:
RBI Assistant Phase I:
|RBI Assistant Preliminary Exam||English Language|
RBI Assistant Phase II:
|RBI Assistant Main Exam||English Language|
To know the detailed RBI Assistant syllabus and exam pattern, candidates can refer to the linked article and prepare themselves accordingly.
RBI Assistant Notification And RBI Exam Date
The last date to apply for the RBI Assistant exam 2020 has been extended to January 24, 2020. The RBI Assistant Exam 2020 is scheduled to be conducted in the month of February and March. The important dates related to the RBI Assistant Exam are given below:
|Online Application||December 23, 2019, to January 24, 2020|
|RBI Exam Date||Prelims||February 14 & 15, 2020|
|Mains||To Be Notified Later|
For more details regarding the RBI Assistant notification, candidates can visit the linked article. There are other exams notified by the Reserve Bank of India from time to time based on the number of vacancies they have. Usually, the number of vacancies is lower than competitive exams demanding a similar level of proficiency.
A career in the RBI is one of the most successful and secure careers in the country. This, combined with the prestige associated with working at the apex bank of the country increases the competition level.
Candidates should prepare thoroughly to be able to see their names in the RBI Result sheet published after each exam. BYJU’S has developed a series of RBI mock tests, study material and infographics to enable candidates to prepare for the exams and become the top bankers of the country.
It is suggested that candidates must refer to the links given below while preparing for the various RBI exams: